Debt Restructuring and Insolvency
Balaji’s Endless Obligation to the God of Wealth
Lord Vishnu incarnated as Srinivasa on Earth. While pursuing a wild elephant in the forests near the hills, he encountered Princess Padmavathi (an avatar of Goddess Lakshmi) and desired to marry her. King Akasa, her father, required Srinivasa to cover the wedding expenses and provide a dowry. Lacking resources, Srinivasa borrowed mountains of gold from Kubera, the God of Wealth. Kubera stipulated that Srinivasa could not return to Vaikuntha without repaying the debt. Unable to settle it, Srinivasa remains at the Tirupati temple. Hence, it is known that the devotees of Lord Balaji often offer huge amounts to help their God to repay the loan and return to Vaikuntha.
Balancing Interests in Insolvency and Restructuring
Similar to Lord Balaji’s enduring obligation to Kubera, modern debt repayment presents significant hurdles, particularly in distressed scenarios. Our debt restructuring and insolvency team offer comprehensive guidance on indebtedness aspects, including refinance, rescheduling, settlement, debt recovery, restructuring, and insolvency law. We deliver practical, tailored legal simple solutions aligned with client needs. Our team advises a diverse range of stakeholders, companies, bankers, funds, Alternative Investment Funds (AIFs), investment bankers, merchant bankers, lenders, insolvency professionals, investors, resolution applicants, and promoters. Leveraging experience representing both lenders and borrowers, we effectively balance their interests for equitable outcomes.
As prominent debt restructuring and insolvency team, we provide end-to-end support, including:
Enforcement and Recovery: Counselling lenders on remedies under applicable recovery laws, such as the Insolvency and Bankruptcy Code (IBC), 2016.
Litigation and Arbitration: Assisting in filing or defending suits and arbitrations (domestic and international) for claim recovery or dispute adjudication.
Insolvency Advisory: Guiding resolution professionals, committees of creditors, home buyers, operational creditors, resolution applicants, and promoters on IBC proceedings and bespoke resolutions.
Why engage our Lawyers
Comprehensive IBC and Recovery Expertise
Rich experience in advising the clients on the various facets of Insolvency and Bankruptcy Code, SARFAESI, recovery laws, and restructuring frameworks, refinancing, settlements, enforcement, and resolution plans tailored to distressed situations.
Multi-Stakeholder Representation
Under the insolvency realm, our insolvency team has advised a wide plethora of stakeholders be it Resolution Professional, Committee of creditors, Homebuyers, Operational Creditors, Resolution Applicants and promoters thereby addressing their various legal issues and providing bespoke solutions by appreciating their peculiar commercial interests. This enables a balanced and pragmatic solutions that reconcile competing interests within a time-bound legal framework.
Litigation and Resolution Strategy
Strong representation before NCLT, NCLAT, High courts, Supreme Court and arbitral tribunals for representation, enforcement and recovery actions, while simultaneously designing commercially viable restructuring and resolution strategies.
Debt Restructuring
Our Firm also devises practical and tailored schemes under Companies Act beneficial to the entities and its stakeholders by scrutinizing every transaction of default, by giving due consideration to the operations of the Company and the prevalent happenings in the relevant industry. The Schemes advised, takes into cognizance the viability of various restructuring options that may include the survival of the entity or its closing down, arriving at arrangement with its creditors or an acquisition or a merger/demerger.
Recent Work Highlights
